10 minutes agoDisaster damage during 2017, $306 billion
Periskopi(8 years ago)
(8 years ago)Economic losses related to natural disasters and man-made disasters are expected to reach $306 billion ($258 billion) in 2017, up from $18 billion last year, according to Swiss insurance company estimates “Swiss Re” published today. “Loss resulting from insurers have increased significantly, bills for companies [...]
The losses resulting from insurers have increased significantly, bills for insurance companies were estimated at $166 billion from 65 billion in 2016”, the Swiss group stressed in a communique.
“Viti 2017, marked by the Harvey, Irma and Maria hurricanes that have included the Caribbean and the South of the United States, also appears as the third most costly year from insurers”, the Swiss provider conducting an analysis every year since 1970.
“Costos have increased the second half of the year with hurricanes that have caused them only 93 billion damage covered by insurance companies”, estimates “Swiss Re” adding that the insurers' bill is not yet final considering the size and complexity of the damage.
They have immediately been added to the California fires, the Imobiliare damage that the insurers will receive in charge of their current $7.3 billion in charge, notes Atsh.
The year has also been marked by earthquakes in Mexico, whose expenses for insurance companies have been estimated at more than $2 billion.
Among the most expensive disasters is the Debbye Cyclone, which swept through coastal regions of the northeast of Australia on March, causing 1.3 billion in losses.
